Advertisement
Currency depreciates against dollar
&format=webp)
A trader changes dollars with naira at a currency exchange store in Lagos, Nigeria in this February 12, 2015 file photo.
At the Bureau De Change (BDC) window, it exchanged at N344.5 to the dollar and N430 to the Pound Sterling.
Advertisement
The Naira on Monday depreciated further against the dollar at the parallel market, losing N2 to exchange at N347 to the U.S. currency.
Advertisement
The News Agency of Nigeria (NAN) recalls that the currency traded at N345 to the dollar on Friday
The naira also traded at N370 to the Euro and N460 to a Pound Sterling at the transactions.
At the interbank segment of the market, the naira closed on a positive note of N281.49 to the dollar.
Traders at the market said that they were yet to feel the impact of the floating exchange rate policy of the Central Bank of Nigeria (CBN).
Advertisement
They also remarked that the Brexit was still affecting the value of the Pounds at the parallel market.
Advertisement
Subscribe
Sportal WhatsApp
Latest Videos
Advertisement
Videos
-
Business 06.09.2017Stranded? Don't worry you are covered!
-
Business 06.09.2017Stranded? Don't worry you are covered!
-
Business 29.03.2017Taking customer engagement to new levels -
Business 10.03.2017Check out the new 2017 model
&format=webp)
&format=webp)
&format=webp)
Advertisement
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
Advertisement